Zhejiang Vie Science&Technology Co.,Ltd. Posted 5.5 Million Yuan Net Loss in First Quarter of 2022

Zhejiang Vie Science&Technology Co.,Ltd. (浙江万安科技股份有限公司) (002590.SZ) reported a net loss of 5.5 million yuan in the first quarter of 2022, reversing a net profit of 8.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 664.1 million yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 50.5%.